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Brexit - Why UK based businesses start companies in the Netherlands
In the wake of the Brexit referendum, entrepreneurs are taking steps to safeguard their businesses. Although Article 50 has not been invoked yet, many entrepreneurs are already planning how to secure the future of their business.
Many United Kingdom based businesses have to cope with the economic uncertainties after the outcome of the Brexit referendum; to separate from the European Union. There is no saying whether the Brexit will be beneficial or highly unfavorable for UK-based companies.
Entrepreneurs are now choosing for stability and security by incorporating a Netherlands-based company or subsidiary.
Why should you consider moving to the Netherlands?
Even though most of the population voted ‘’out’’, there are many international UK-based businesses that are ultimately unhappy with the decision. Many corporations, from trading companies to large financial institutions have considered the opportunity to move their business to the Netherlands or are in process of doing so. The decision to establish a business in the Netherlands could turn out to be essential.
As the Netherlands is located in close proximity to London. It seems like a practical and efficient move to relocate your company to the Netherlands. The Netherlands is considered a stable location in terms of its position in Western Europe and its accessibility to the Eurozone, both in economic and logistical terms.
Opening a subsidiary
Some companies like the idea of relocating to the Netherlands, however they do not want to move their business entirely. These companies have the option to transfer just a part of their organizational operations to the Netherlands.
Foreign companies are able to open a branch or a subsidiary in the Netherlands and test the traits of the market by forming a virtual representative office for their company.
The process of relocation
The Netherlands has an excellent infrastructure for starting a new business, acquiring investments, expanding markets and hiring quality personnel. Read More.
The process of moving a company from the United Kingdom to the Netherlands is easily manageable with the right help from an experienced party. Foreign investors in The Netherlands will need a Dutch legal entity to conduct their business. The most popular type of business is a private limited liability company. There are several options for legal entities in the Netherlands. If you want to relocate and open a firm in The Netherlands you will need to know what kind of legal entities can be used and which are recommended.
Moving to the Netherlands in light of the Brexit vote can ultimately improve and change your business and life, providing more stability and security for your business.